During the last three months, 5 analysts shared their evaluations of Grid Dynamics Holdings (NASDAQ:GDYN), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
2
3
0
0
0
Last 30D
0
1
0
0
0
1M Ago
1
2
0
0
0
2M Ago
1
0
0
0
0
3M Ago
0
0
0
0
0
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $16.6, a high estimate of $17.00, and a low estimate of $16.00. This upward trend is apparent, with the current average reflecting a 10.67% increase from the previous average price target of $15.00.
Breaking Down Analyst Ratings: A Detailed Examination
In examining recent analyst actions, we gain insights into how financial experts perceive Grid Dynamics Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Josh Siegler
Cantor Fitzgerald
Raises
Overweight
$17.00
$14.00
Puneet Jain
JP Morgan
Raises
Overweight
$17.00
$16.00
Ryan Potter
Citigroup
Raises
Buy
$17.00
$16.00
Puneet Jain
JP Morgan
Raises
Overweight
$16.00
$15.00
Ryan Potter
Citigroup
Raises
Buy
$16.00
$14.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Grid Dynamics Holdings. ...Full story available on Benzinga.com
Benzinga